Additional Funds


HomeEquity Bank Prime Rate: 3.45%

The following is a summary of the current CHIP Reverse Mortgage with Additional Funds interest rates and terms offered by HomeEquity Bank.

term interest rate
CHIP Reverse Mortgage Account Fixed 5 year 6.49%
Additional Funds Account Variable2 6.70%

2 Variable refers to the HomeEquity Bank Prime Rate plus a fixed spread of 3.25%. The fixed spread is guaranteed for 5 years.